Meta Platforms may rise to 510.00 - 517.00

Pivot

498.00

Our preference

Long positions above 498.00 with targets at 510.00 & 517.00 in extension.

Alternative scenario

Below 498.00 look for further downside with 493.00 & 484.00 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

Supports and resistances

523.00

517.00

510.00

506.00 Last

498.00

493.00

484.00

Number of asterisks represents the strength of support and resistance levels.